Loan Census Banking News and Information
May 22, 2024  
 
 
  Business Loan Information  
 

Raising Money in Craig, Colorado With SBA Loans

 

 
Loan Census SBA Loan Info

Theater Companies and Dinner Theaters Commercial Loans

Looking for commercial loans for theater companies and dinner theaters? Talk to a banker who works with the SBA. This $220,000 theater companies and dinner theaters loan was issued by a Colorado bank.

This business knew how to go about getting a business bank loan. Based in Craig, Colorado, they applied for and were awarded an SBA-guaranteed loan in 2004. The lending bank was First National Bank - Rockies, based in Craig, Colorado.

SBA Loan Borrower

COMPANY TYPE: THEATER COMPANIES AND DINNER THEATERS
CRAIG, CO 81625

SBA Loan Lender

FIRST NATIONAL BANK - ROCKIES
600 YAMPA AVE
CRAIG, CO 81625

The issuing bank for this loan is an SBA 7A lender. The name comes from section 7(a) of the Small Business Act, which authorizes the Agency to provide business loans to to our country's hard-working small business owners.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

711110 - Theater Companies and Dinner Theaters

Loan Approval Date

2/26/2004

Loan Approval Gross Amount

$220,000

Loan Approval from the SBA

Of the total $220,000 loan amount, the SBA guaranteed $165,000.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company had 20 employees. This SBA loan request did not indicate that the SBA funding recipient promised to use the loan proceeds to increase staffing levels or retain any existing employees.

Getting an SBA Loan For Your Business

If you want money for new small business in Craig CO, you ought to talk with a local Craig SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Craig businesses.

Wondering how to raise money quickly? With the SBA's Preferred Lenders Program, LowDoc Program, SBAExpress and CommunityExpress loan programs, an SBA loan can be approved and funded in two days. This company did everything right to get a $220,000 loan. It's not easy, but why not give getting an SBA loan of your own a try?

About This SBA Loan Information:

All SBA loan data displayed above comes from the government's publicly available SBA loan database. Information on this page is provided by the Gaebler.com news organization to inform business owners, aspiring entrepreneurs and others about SBA loan activity. LoanCensus.com does not assist businesses with obtaining SBA loans and was not involved in any way with this transaction. For additional information, see our Loan Information FAQ.

Related Links:

Direct Public Offerings

Banks in Craig, Colorado

Where to Get an SBA Loan Colorado